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    ABOUT THE FIRM

    "CHANDER PARKASH & CO. is a PARTNERSHIP FIRM in India and was firstly established by Mr. Chander Parkash (senior partner) in the year 1991 as a proprietorship concern but after 1st April 2013, it has been converted into a partnership firm with an objective of providing a wide range of auditing and financial services to our clients.

    It is a team of distinguished chartered accountants, corporate financial advisors and tax consultants. Our firm of dedicated professionals aim at providing specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced personnel who are committed to add value and optimize the benefits accruing to clients.

Chander Parkash

Qualifications: B.COM (HONS.), F.C.A.
Specialization: Assurance, Taxation, Appeals, Audit, GST
Cell: 9810056108
E-mail: cp@chanderparkash.com

He is the senior most partner of the firm who has established this firm in 1990. He has a vast experience in income tax matters and has been handling regular assessment, search & seizure, CIT(A) and ITAT cases. He has been conducting Statutory & Tax Audit, Internal Audit of Large & Medium ScaleLimited Companies. Moreover, he has also carried out Bank Audits and provided services and consultancy in the field of accounts, income tax & company law matters. And has experience of over a decade. He is a founder member of the firm and his knowledge and expertise in structuring the complex financial situations. His forte is to assist clients to grow their business in sound financial and regulatory compliant environment.

Dishant Khatter

Qualifications: B.COM (HONS.), A.C.A. Specialization: GST, Internal Audit, SOX, Taxation, Assurance and Audit
Post-Qualification Experience: 2+ Years
Cell: 9810056108
E-mail: dishant@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2016. He is the youngest partner of the firm and independently handles the various statutory audit. He brings in new and useful insight into the company and adds to the productivity. He has carried out various audits and provide specialised consultancy services. He has experience of working in listed companies and handling their various audit engagements. His experience in handling big company’s various engagement with respect to indirect tax, internal audit, compliance audit, process development etc. has helped the firm to enhance their quality of services and effectiveness of work. He has earlier worked in one of the BIG4 firms. He has also been part of Statutory Bank audits. He has been playing an active part in assisting entities with GST implementation and restructuring their business model to minimise the financial impact of GST and maximise the benefits of it.

Amit Kumar

Qualifications: B.COM (HONS.), A.C.A. Specialization: Direct Tax Litigation
Post-Qualification Experience: 4+ Years
Cell: 9599313033
E-mail: amit@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2014. He is a young partner of the firm and independently handles the income tax assessment, appeals, investigation, survey and search & seizure cases. He brings in new and useful insight into the company and adds to the productivity. He has experience of handling the income tax cases of various listed companies. He advises several overseas, domestic and multinational clients operating in diverse sectors including auto-ancillary industry, automobile, aviation, hospitality, Information Technology, infrastructure projects, investment funds, media and entertainment, pharmaceutical sector, retail, real estate, and telecommunications. Armed with more than 4+ years of experience on various taxation matters, he has also hands on experience of carrying through its advice to implementation and successful defense of such advice before Tax Authorities. The Tax Practice Group has also pioneered out of the box thinking to provide innovative solutions for tax optimization and risk mitigation. He has been successful in defending many of its clients at various fora including the Commissioner of Appeals, Dispute Resolution Panels, Income Tax Appellate Tribunals, etc.

TEAM

"Our team is trained to perform the assigned task with honesty, integrity and dedication. Having good public relation skills and satisfying client's grievances are their main priority. They also make sure the efficiency and effectiveness of work is maintained. Total number of staff members with classification is stated below:-

The office infrastructure is built with a view to provide smooth operation of assignments. Moreover, there are separate cabinets for different tasks to ensure hassle free working environment. Also, a server has been installed for timely backup of data and to reduce data loss and redundancy.

15

SUPPORT STAFF

10

PROFESSIONALS

10

ASSURANCE SERVICE PROVIDERS STAFF

COMPUTERISATION

More 25+ systems equipped with various assurance softwares used nation wide

WORK EXPERIENCE

STATUTORY AUDIT

The firm is engaged in statutory audit of various limited and private limited companies which are manufacturers, traders, export houses, service provider etc. including group of companies having turnover of more than 250 crores.

TAX AUDIT

Tax audits of various companies, partnership firms and proprietorship concerns are conducted timely.

COMPANY LAW MATTERS

The firm also does Roc work like formation of companies, maintaining statutory books and records of companies, drafting minutes thereof etc. for its clients. DIRECT TAXES Preparation of income tax returns, wealth tax returns, representation of scrutiny cases & appeals are also done at the workplace.

MANAGEMENT SERVICES

Preparation of project reports for term loans and working capital limits from various banks and financial institutions are also done.

BANK AUDIT

The firm has experience of conducting statutory audit of several branches of Punjab National Bank.

CONSULTANCY

The firm has great expertise in providing consultancy related to tax planning, tax returns and filing, internal management and financial issues.

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SERVICES

AUDIT

  • Statutory and Tax Audit
  • Financial Institution and Bank Audits
  • Internal Audit
  • Stock Audit

ACCOUNTING

  • Preparation of accounts as per Accounting Standard.
  • Computerized accounts with inventory.
  • Computerized accounts with vat, service tax and TDS

FIRMS, SOCIETIES AND TRUST

  • Drafting of Partnership and Trust Deeds
  • Formation and Registration
  • Registration under Income Tax & Act

START UP VENTURES

  • Identifying appropriate entry route
  • Formation of Legal Entity in India i.e. Incorporation of a company and preparation of Memorandum and Articles of Association and other legal support.
  • Due diligence reviews
  • Regulatory approvals
  • Including Foreign Investment Promotion Board (FIPB), Reserve Bank of India (RBI), Secretariat of Industrial Approval (SIA), Registrar of Companies (ROC) and other concerned authorities
  • Representative office Facility
  • During the 'in transit period' support for office infrastructure and manpower is provided to the company

OTHER SERVICES

  • Outsourcing of accounts and payroll functions of organizations.
  • Investment Planning and tax restructuring for individuals so as to optimize their return on investment and minimize the tax burden.
  • Allotment of Collection Centre of Income Tax Returnsin Delhi to chartered Accountants and Advocates for franchisee of E-return Intermediary.
  • Certified Filing Centrefor online filing of e forms under MCA21Project of Ministry of Company Law Affairs.
  • Procurement of Digital Signaturesof TATA Consultancy Services CA mandatory for e filing of Income Tax Return by all Corporate Entities and e Forms under MCA21 Project.
  • Procurement of Director Identification Number (DIN)

INCOME TAX & FBT

  • Tax Planning and Consultancy
  • Search and Seizure cases
  • Appeals before CIT and ITAT Delhi.
  • Facility to accept and loading of E-return of Income
  • Quick Processing and Timely Refund
  • Bulk filing of Income Tax Returns of employees of Companies and other business entities.
  • Preparation and filing of Income Tax/ Wealth Tax returns with statement of accounts of individuals, HUFs, Partnership Firms, Trusts/Institutions and Companies.
  • Preparation and submission of E-TDS returns

NON-RESIDENT TAXATION AND FEMA

  • Tax Advisory Services and filing of e-Tax returns
  • Setting up a Branch office/ Liaison office/ Project office in India
  • Banking and Remittances
  • Investment advisory support

COMPANY LAW MATTERS

  • Approval of name for New Company
  • Formation and alteration
  • Matters related to ROC and CLB
  • Maintenance of Statutory Records
  • Planning and consultancy
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ENQUIRY

HEAD OFFICE

207, PADMA TOWER - II,22 RAJENDRA PLACE NEW DELHI - 110088.

EMAIL: office@chanderparkash.com

PARTNERS: cp@chanderparkash.com, dishant@chanderparkash.com

MOBILE: 9810056108

PHONE: 011-25731059, 011-25731060, 011-41539570

FAX: 011-25741070

CONTACT FORM

GOT A QUESTION? WE'D LOVE TO HEAR FROM YOU. SEND US A MESSAGE AND WE'LL RESPOND AS SOON AS POSSIBLE.

 
     
   
 
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Monopolies_and_Restrictive_Trade_Practices_Act_1969
Section / Rule Number   Content   
 
1 Short title, extent and commencement
2 Definitions
2A Power of central government to decided certain matters
3 Act not to apply in certain cases
4 Application of other laws not barred
5 Establishment and constitution of the commission
6 Terms of office, conditions of service, etc., of members
7 Removal of members from office in certain circumstances
8 Appointment of director general, etc., and staff of the commission
9 Salaries, etc., to be defrayed out of the consolidated fund of india
10 Inquiry into monopolistic or restrictive trade practices by commission
11 Investigation by director general before issue of process in certain cases
12 Powers of the commission
12A Power of the commission to grant temporary injunctions
12B Power of the commission to award compensation
12C Enforcement of the order made by the commission under section 12a or 12b
13 Orders of commission may be subject to conditions, etc.
13A Power of the commission to cause investigation to find out whether or not orders made by it have been complied with
13B Power to punish for contempt
14 The monopolies and restrictive trade practices
15 Restriction of application of orders in certain cases
16 Sittings of the commission
17 Hearing to be in public except in special circumstances
18 Procedure of the commission
19 Orders of the commission to be noted in the register
20 Undertakings to which this part applies
21 Expansion of undertakings
22 Establishment of new undertakings
22A Power to exempt
23 Merger, amalgamation and take over
24 Merger, amalgamation and take over in contravention of section 23
25 Directors of undertakings not to be appointed directors of other undertakings
26 Registration of undertakings to which part a applies
27 Division of undertakings
27A Power of the central government to direct severance of inter-connection between undertakings
27B Manner in which order made under section 27 or section 27a shall be carried out
28 Matters to be considered by the central government before according approval
29 Opportunity of being heard
30 Time within which action should be taken
30A Application of chapter
30B Restrictions on the acquisition of certain shares
30C Restriction on transfer of shares
30D Restriction on the transfer of shares of foreign companies
30E Power of the central government to direct companies not to give effect to the transfer
30F Time within which refusal to be communicated
30G Nothing in sections 30b to 30e to apply to government companies etc.
31 Investigation by commission of monopolistic trade practices
32 Monopolistic trade practice to be deemed to be prejudicial to the public interest except in certain cases
33 Registrable agreements relating to restrictive trade practices
34 Registrar of restrictive trade agreements
35 Registration of agreements
36 Keeping the register
36A Definition of unfair trade practice
36B Inquiry into unfair trade practices by commission
36C Investigation by director general before an issue of process in certain cases
36D Powers which may be exercised by the commission inquiring into an unfair trade practice
36E Power relating to restrictive trade practices may be exercised or performed in relation to unfair trade practices
37 Investigation into restrictive trade practices by commission
38 Presumption as to the public interest
39 Special conditions for avoidance of conditions for maintaining resale prices
40 Prohibition of other measures for maintaining resale prices
41 Power of commission to exempt particular classes of goods from sections 39 and 40
42 Power of director general to obtain information
43 Power to call for information
44 Power to appoint inspectors
45 Penalty for contravention of section 21
46 Penalty for contravention of section 27
47 Penalty for contravention of section 25
48 Penalty for failure to register agreements
48A Penalty for contravention of order made under section 27b or for possession of property sold to any person under section 27b
48B Penalty for contravention of section 27b
48C Penalty for contravention of order made by commission relating to unfair trade practices
49 Penalty for offences in relation to furnishing of information
50 Penalty for offences in relation to orders under the act
51 Penalty for offences in relation to resale price maintenance
52 Penalty for wrongful disclosure of information
52A Penalty for contravention of any condition or restriction, etc.
52B Penalty for making false statement in application, return, etc.
53 Offences by companies
54 Power of central government to impose conditions, limitations and restrictions on approvals, etc., given under the act
55 Appeal
56 Jurisdiction of courts to try offences
57 Cognizance of offences
58 Omitted
59 Protection regarding statements made to the commission
60 Restriction on Disclosure of information
61 Power of the central government to require the commission to submit a report
62 Reports of the commission to be placed before parliament
63 Members, etc., to be public servants
64 Protection of action taken in good faith
65 Inspection of, and extracts from, the register
66 Power to make regulations
67 Power to make rules
Schedule Part I
Schedule. Part II